Kategorie: Crypto Analysis

• AltSignals has attracted investors with its AI application and earnings opportunities.
• A strong correlation between Bitcoin and NVIDIA has highlighted the influence of AI on crypto.
• $ASI token has 50x and more potential as the future of AI trading unravels.

As Bitcoin (BTC) hit a record above $73,000, analysts have been keen on its relationship with AI stock Nvidia. This is after both assets hit record highs, helped by their respective fundamentals and sector optimism. This happens amid a robust correction that is now the strongest in over a year. Meanwhile, AltSignals, an AI token, has been making strides, riding the rapidly growing crypto and AI sector. Listings at Uniswap and CoinGecko have cemented the token’s future as BTC and Nvidia’s correlation unfolds.

Bitcoin’s correlation with Nvidia grows to the strongest

The correlation between Bitcoin and Nvidia has been of interest as long as the two asset prices move in tandem. Both assets have cooled off slightly after hitting their respective all-time highs. What has been remarkable is that the 90-day and 52-week correlation between the two assets has crossed 0.80.

The strong correlation suggests that Bitcoin and Nvidia move in a similar fashion. Conversely, while Bitcoin price is up more than 60% YTD, Nvidia has gained over 78%. A surging interest in AI has been responsible for the gains in Nvidia stock. 

Nonetheless, the twist of events, BTC and NVDA correlation, has brought about the “AI narrative” in crypto. This has seen many AI-linked cryptocurrencies surge in value, boosting the entire sector’s market cap. Cryptocurrencies that saw significant pumps included WorldCoin (WLD), Render (RNDR) and Fetch. Ai (FET). These gains started after Nvidia issued its Q4 results and guidance, which excited the markets.

As the excitement builds, AltSignals has been keenly watched by investors looking for opportunities in AI. Attention now turns to how AltSignals navigates its core mission in 2024 amid growing optimism.

AltSignals: An AI token revolutionising the trading world

AltSignals has gained popularity owing to being a key pillar in the trading world. Unlike its AI predecessors, this token powers a community of traders.

Launched in 2017, AltSignals has been offering quality trading signals with more than 64% success rates. This has seen the platform amass a huge following, boasting over 50,000 members on Telegram. AltSignals covers various financial instruments such as stocks, forex, CFDs, and cryptocurrencies. The signal service has seen huge success in trading assets such as Binance Futures and Binance Spot assets.

In anticipation of the future of AI trading, AltSignals launched an AI-enabled trading service, ActualizeAI. The signal service will be powered by the cryptocurrency, $ASI. The team has fast-tracked the development of the AI platform since its highly-subscribed presale. With AI, AltSignals expects to increase the quality of its signals, increasing the profitability for its members.

AltSignals has remained steadfast as expectations build. Big launches in 2024 cement the token’s future amid the AI frenzy. Expected this year include an NFT marketplace and new partnerships to foster growth. Ultimately, the actualisation of the AI project will fuel the demand for $ASI and its price.

Is AltSignals a good investment?

AltSignals is an investment opportunity that gives token holders access to quality trading signals. This allows investors to earn by participating in the global financial market and learning from the experts. 

Besides, regular investment products have generated a frenzy within the AltSignals community. For example, its staking program saw more than 28.9 million tokens grabbed from 30 million tokens offered. Investors were attracted to up to 25% returns for staking the token for just three months. Consequently, FOMO has been building from the platform’s passive income opportunities. 

$ASI investors are also attracted to the token’s potential, with analysts believing in its AI mission. As the popularity of AI grows, $ASI will increase in value, generating returns to its backers. Consequently, the token has been earmarked with a potential 50x gain.

The post AltSignals: Unravelling AI token future as Bitcoin and Nvidia correlation grows appeared first on CoinJournal.

Key takeaways

• DOGE is approaching the $0.2 mark following Elon Musk’s recent speech.

• The Memeinator presale will conclude in the next round and has raised nearly $7 million so far.

DOGE approaches $0.2

DOGE, the leading memecoin in the world, has been performing well over the last few days. The coin has added 25% to its value so far this week and could rally higher in the coming days.

At press time, the price of Dogecoin stands at $0.1858, up by 8% in the last 24 hours. The positive performance comes after Elon Musk revealed that his electric car company Telsa will enable DOGE payment in the future. 

JUST IN: Elon Musk says Tesla will enable $DOGE payments „at some point, Dogecoin to the moon.“

pic.twitter.com/nZaLhXlvgL

— Watcher.Guru (@WatcherGuru) March 14, 2024

Musk added that Bitcoin has been getting support from the rich in recent months but Dogecoin remains the coin of the people. 

What is Memeinator?

Following Musk’s comment, investors would be paying even closer attention to memecoins. One of the memecoins that could grab the attention of investors is Memeinator.

This project is unique in that it offers a use case that is currently not available to content creators. It is a Web3 project still in its presale stage, meaning its token price is relatively low. 

The project seeks to provide service to content creators who use memes. In the whitepaper, the development team laid out a series of strategies to help them turn Memeinator into one of the leading meme coins in the crypto space. 

Memeinator will launch as a meme coin to take advantage of the recent growth in trading volume and popularity of meme coins. The team wants Memeinator to reach a market cap of $1 billion, making it one of the leading meme coins in the crypto space. 

The main function of the Memeinator tool is to destroy worthless memes on the internet, allowing users to have access to only quality memes. This ensures that Memeinator provides utility to the users and incentives to the token holders. 

Memeinator presale raises over $6.5 million

The Memeinator presale is ending in the coming days or weeks. The project has raised $6.6 million so far and is currently in the 19th stage of the presale. According to the team, the presale will end in the 20th stage. 

🚨RESISTANCE HITS OVER $6.6M! 🚨

THE MEMEINATOR PRESALE’S MOMENTUM IS FIERCE! 💪

LOCK IN $MMTR AT $0.0276 BEFORE STAGE 19 VANISHES! ⌛

ONLY ONE STAGE LEFT – TIME’S TICKING! 🔥

👉 ACT FAST: https://t.co/aWtBDWViId pic.twitter.com/AlYz7YeQ9A

— The Memeinator (@TheMemeinator__) March 13, 2024

The native token, MMTR, was sold for $0.01 in the first presale stage and is now going for $0.0276. The price will rise to $0.0292 by the end of the presale, giving early investors a massive ROI at listing. 

Investors can purchase the MMTR token with relative ease. It can be purchased using ETH, USDT and USDC stablecoins. According to the team, the MMTR token will only be available on the BNBChain and Ethereum networks once it starts trading on crypto exchanges.

Click here to read more about the Memeinator presale.

Should you buy MMTR as the presale approaches the end? 

The Memeinator team has revealed that there is only one presale stage left. So far, it has raised $6.6 million of the required $7.1 million in the current presale stage. 

The Memeinator presale is selling fast, thanks to the unique value proposition the project offers to investors and the ongoing Bull Run. The tool will offer excellent value to investors as it will help eliminate worthless memes. MMTR will power various activities within the ecosystem. 

Most of the funds raised in the presale will be channelled towards developing the Memeinator AI technology. This technology will see Memeinator leverage AI to analyse and evaluate memes on the internet. 

In terms of tokenomics, the Memeinator team has allocated 20% of the total token supply to marketing, CEX listing and liquidity. With the right level of adoption and the ongoing Bull Run, Memeinator could become a major winner in the medium to long term. 

The post DOGE eyes $0.2 following Elon Musk’s comment as Memeinator’s presale approaches $7m appeared first on CoinJournal.

Bitcoin Dogs has become one of the most successful Initial Coin Offerings (ICOs) of the year. After launching three weeks ago, the developers have now raised over $10 million as they prepare to launch it in key exchanges on Thursday. This article explores why Bitcoin Dogs has become so successful and what to expect ahead.

Bitcoin Dogs token sale soars

Bitcoin Dogs has become one of the best-performing token sales of the year as the developers succeeded in raising almost $11 million from investors. It has passed other popular token sales of the year like AltSignals and Memeinator. You can buy the $ODOG token here.

There are three main reasons why Bitcoin Dogs has outperformed other token sales this year. First, it is a pioneering platform that seeks to disrupt the blockchain industry by becoming the first ICO on the Bitcoin network.

This is a big issue considering that demand for Bitcoin-related assets has jumped sharply in the past few months. For example, Bitcoin Ordinals have become the fastest-growing players in the Non-Fungible Token (NFT) industry.

Similarly, Stacks, a platform that provides layer-2 solutions for Bitcoin’s ecosystem has become a leading player in the industry. Its token has more than doubled in the past few months. 

Second, Bitcoin Dogs has an ambitious plan to dominate the cryptocurrency industry. According to its white paper, Bitcoin Dogs will create utility for the toke by having several features like a 10k NFT collection and a game. 

Also, it has gained traction because of its dogs name, which many people associate with meme coins. Most meme coins, including the likes of Dogelon Mars, Floki Inu, and Pepe have all surged hard in the past few months. As a result, the total market cap of all meme coins has surged to over $65 billion.

Crypto bull run

Finally, Bitcoin Dogs has raised so much money as the crypto bull run gains steam. The most recent data shows that Bitcoin has soared to over $73,000 while the total market cap of all coins has jumped to over $2.7 trillion. 

Bitcoin’s performance has been remarkable considering that it was trading at less than $1 15 years ago. This makes it one of the top-performing assets in the world. It has beaten the popular stock indices like the S&P 500 and Nasdaq 100.

In most cases, investors tend to move into other cryptocurrencies Bitcoin is soaring because of the Fear of Missing Out (FOMO). 

Therefore, there is a likelihood that the Bitcoin Dogs token price will rally after being listed by leading exchanges like Binance, OKX, and Kraken.  

Still, like all pre-sale tokens, there is a risk involved when investing in cryptocurrencies. As a result, you should only invest funds that you can afford to lose and embrace the best risk-management strategies like having a stop-loss and a take-profit.

The post Bitcoin Dogs exchange listing nears as total raised nears $11M appeared first on CoinJournal.

• Bitbot presale has generated optimism with its security features and perks.
• The presale occurs in 15 stages, marked by persistent price increases.
• The token could claim a 200X gain after listing in Q2 2024.

The era of Telegram trading bots has dawned. One project that has quickly captured attention is Bitbot, the first self-custodial trading bot on Telegram. Since launching a presale a few weeks ago, the market frenzy has driven purchases to nearly $1 million. For a token still on stage 5, there is much to expect through to the last stage. This comes amid expectations that this token could follow its predecessors and claim a 200x surge. But is $BITBOT worth your investment? Let’s find out.

Bitbot: A unique investment opportunity in the DEX bot trading sector

Since the advent of Telegram trading bots, investors have been treated to a roller coaster. Existing tokens made instant hits at launch, generating massive returns. Conversely, constant hacks have dealt a blow to the sector. 

However, what has been noticeable is the rapid uptake and popularity of trading bots. Per the analytics platform Dune, the cumulative trading volumes on the DEX bot sector are past $8.4 million. This signifies huge potential for projects that address key investors’ concerns. Bitbot has uniquely positioned itself for this role, quickly gaining suitors and attracting investments. 

The key selling proposition of Bitbot is the self-custodial features, which are lacking among its rivals. This has excited investors about owning their private keys and exercising complete control over their funds. It means investors’ funds remain safe even when the platform is compromised. As 2023 exploits of Unibot and Banana Gun trading bots underlined, the private key feature was long overdue. 

Aside from the self-custodial features, Bitbot’s market frenzy has been generated by its security enhancements. The platform is reinforced with Knightsafe security protocols, mitigating counterparty risks and hacks. This has uniquely placed Bitbot as a market disruptor in the bot trading sector, attracting massive speculations.

How attractive is Bitbot investment?

Besides its security features, Bitbot is a highly convenient platform with numerous perks for investors. Like other Telegram trading bots, investors can trade with lightning-quick executions through the app. 

A deal sweetener is an institutional-grade technology that has quickly gained retail investors’ attention. This is where Bitbot users access cutting-edge technology and resources to succeed in trading. The inclusion of resources previously accessible to institutional players makes it easy for smaller investors.

Bitbot is also perks-packed, boasting features such as revenue shares, airdrops, and lifetime referral rewards. Under the revenue share program, Bitbot token holders are rewarded with up to 50% platform fee earnings. Investors also get electrifying airdrops and up to 15% of fees earned on their referrals.

Investors new to trading also benefit from Bitbot’s copy trading feature. They can imitate trades from their experienced peers for faster market entry and learning. Aside from this attractive feature, Bitbot holders have first-hand access to upcoming presale tokens. This is enabled through a snipe function that scans for presale opportunities, allowing timely investments.

Can Bitbot token rise 200X?

Very few tokens get a chance to rise 200x, and BITBOT has endeared itself for the prize. A quick presale and being the first self-custodial trading bot make the prediction realistic. As market speculation grows ahead of listing in Q2, BITBOT could debut with a frenzy and become a top gainer.

To put it into perspective, Unibot, another popular trading bot, surged more than 200x when it launched. With the more advanced features of Bitbot, similar and higher gains are likely to be hit and exceeded. 

2024 is also shaping up to be a bullish year for cryptocurrencies. Bitcoin has set the trend, boosted by the spot ETFs and halving event. Thus, BITBOT debuts when the level of optimism in the sector is growing. As a result, the token could skyrocket as investors capitalise on the launch during the bull market. 

Bitbot presale occurs in 15 stages, meaning that listing is around the corner. While the token is currently in stage 5, the BITBOT price rises at each stage. That makes it attractive to buy in the earlier stages before the price rises.

Investors can purchase $BITBOT in presale at the official website page.

The post BITBOT: A 200x token welcoming the world’s first self-custodial trading bot appeared first on CoinJournal.

Key takeaways

• Bitcoin has set a new all-time high of $73k and could soar higher in the short term. 

• The Bitcoin Dogs presale will end in two days and the project has raised more than $10 million so far. 

Bitcoin sets a new all-time high at $73k

Bitcoin has set a new all-time high price for two consecutive days this week. BTC surged to a new all-time high on Tuesday after trading around the $73k region. The milestone came after BTC added more than 1% to its value on Tuesday, 

The world’s leading cryptocurrency by market cap has slightly retraced. At press time, the price of Bitcoin stands at $72,060, up by less than 1% in the last 24 hours. 

Thanks to the recent rally, Bitcoin’s market cap has now crossed the $1.4 trillion mark, overtaking Silver as the eighth-largest asset in the world. BTC could soar higher ahead of the Bitcoin halving, which is roughly 38 days away. 

What is Bitcoin Dogs?

As Bitcoin is soaring, projects on the Bitcoin blockchain are also attracting interest from investors. Bitcoin Dogs is one of the projects that is fast becoming a favourite amongst investors. 

Bitcoin Dogs is a unique project as it is the first BRC-20 ICO on the Blockchain network. This project intends to offer investors an exciting value proposition by combining the basic features of cryptocurrency, non-fungible tokens (NFTs), decentralised finance (DeFi), and Web3 culture. 

The Bitcoin Dogs ICO has attracted investors within the Web3 ecosystem and has raised more than $10.5 million so far. The presale will end in two days and the token will launch on decentralised and centralised exchanges. 

The presale began a few weeks after spot Bitcoin ETFs in the US launched. The spot Bitcoin ETFs launched by BlackRock, Fidelity, and others are raking in record numbers as more investors buy into the Bitcoin dream. 

Furthermore, the the Bitcoin halving is only 38 days away, and it is an exciting event that could see BTC’s price soar higher in the near term. These factors make the Bitcoin Dogs’ ICO a special one in the market. 

Bitcoin Dogs is a pacesetter as it is the first BRC-20 ICO on the Bitcoin network. The project will be powered by its native $0DOG token. 

Bitcoin Dogs presale surpasses $10.5m

The Bitcoin Dogs presale has already raised more than $10.5 million less than a month after it was launched. The $10.65 million raised so far indicates rising interest amongst investors for this project and its token. 

The tokenomics show that Bitcoin Dogs will only mint 900 million $0DOG tokens. However, token holders would be granted access to an exclusive NFT collection and an immersive gaming ecosystem. 

The presale will end in two days, lasting for a total of one month. Bitcoin Dogs is already taking advantage of the rarity and novelty of BRC-20 to raise millions of dollars that would help it develop its products. 

$0DOG tokens would be minted on the Bitcoin blockchain. However, investors will buy them on ERC-20. This is due to the popularity of ERC-20 tokens. After purchasing the tokens with ERC-20 tokens, investors will provide a BTC wallet address and receive $0DOG tokens. Investors can pay for the $0DOG token using ETH, USDT and USDC stablecoins.

Click here to learn more about the Bitcoin Dogs presale.

Should you invest in the Bitcoin Dogs before the presale ends?

The Bitcoin Dogs presale ends in two days and the numbers recorded so far have been impressive. The project is leveraging Bitcoin’s ongoing rally and its token could also benefit from the Bull Run. 

Bitcoin Dogs is the first ICO on the Bitcoin blockchain and is already attracting interest from investors. The project gaining massive adoption in addition to the ongoing bullish cycle could see its $0DOG token become one of the biggest winners in the market over the next few months and years. 

The post Bitcoin sets a new all-time high at $73k: Will it rally higher ahead of the halving? appeared first on CoinJournal.